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Any extension of $600 unemployment benefits would help these jobs most

Trade News by Trade News
May 13, 2020
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Any extension of $600 unemployment benefits would help these jobs most
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A view of new York State Department of labor office in Flushing Queens during coronavirus pandemic on April 12, 2020. (Photo by John Nacion/NurPhoto via Getty Images)

NurPhoto

Democrats want to give Americans larger unemployment checks until next year.

Certain workers — particularly those in lower-paying industries like accommodation and food services — stand to benefit from the policy more than others, such as those in finance and insurance.

The difference could be quite stark in certain circumstances.

The $2.2 trillion coronavirus relief package enacted in March enhanced unemployment benefits. More than 33 million Americans have filed for jobless pay since mid-March.

One of the law’s main policy tools was to add $600 a week to the benefits Americans already get from states, which paid an average $378 a week pre-pandemic.

The enhancement is set to expire on July 31. Democrats in the House of Representatives proposed extending the increased pay by six months until early 2021 to help…



Source Google News

Tags: benefitsextensionjobsUnemployment
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